Industry expertise · Oil & Gas
Upstream
An uncommon capability for upstream clients, built on a deep understanding of the complete value chain, as well as asset and well life-cycles.
The challenge
The upstream Oil & Gas industry is one of our primary focus areas. We combine a solid foundation in management consulting with functional expertise in areas such as geosciences, engineering, regulatory, land management, and oil & gas accounting, to offer an uncommon capability to upstream clients.
We have a deep understanding of the complete value chain, as well as asset and well life-cycles. We have been engaged by a variety of upstream companies ranging from independents to the super-majors.
Recent engagement profiles
- Assisting a rapidly growing international independent E&P company with creating and deploying HSE standards and guidelines to facilitate their expansion into new developments.
- Supporting standardization of global reservoir management practices for a super-major.
- Evaluating operations management for select domestic production assets for a super-major. Our process, production profile, and free cash flow analysis uncovered significant value loss due to poorly defined production, development, and reservoir management processes.
- Implementing a drilling and well-work solution for a large domestic independent. Our change management-based project approach was credited with delivering the project successfully.
- Value chain alignment and creation of collaborative operations capability between field production and LNG terminal operations for a large multinational LNG operator.
- Supporting development and implementation of a Safety and Environmental Management System (SEMS) for a Gulf of Mexico operator.
Functional experience
We have helped our clients with innovative solutions in the following functional areas:
Drilling, Completions, and Well Work
- Complete well lifecycle processes, supporting technologies, and data management
- D&C process and project management capabilities for large capital projects
- Well planning and rig scheduling optimization
- Drilling information management
- Real-time drilling data aggregation for collaborative decision support
- Well work operations management
- Casing Point Election processes
G&G / Exploration
- Seismic data and well control information management from individual prospects to large scale plays
- Optimization of prospect generation and management process to maximize efficiency while maintaining alignment with the drilling program
- Management of critical geotechnical information including sedimentary/lithology data, stratigraphy data, paleogeographic data, structure contour maps, isopach maps, cross-sections, and well logs
Regulatory Environment
- Analysis of process and organizational impact from new and changing regulations
- Information and document management systems to facilitate version control, access, and adoption
- For Gulf of Mexico operators, Safety and Environmental Management Systems (SEMS) definition and implementation
- Identifying and managing cultural and change management issues resulting from the new regulatory landscape
Land and Lease
- Division Order and lease management and administration
- Prospect process and information management
Operations and Production Management
- Measurement (field data capture and SCADA)
- Production Accounting and Regulatory Reporting
- LOE, Lifting Cost, and AFE analysis and management
Accounting, Finance, and Fixed Assets
- GL, AR/AP, JIB, JOA, Cash, Treasury, Payroll
- Revenue Accounting
- Partner Audits
- AFEs and Planning and Budgeting
- Property and Asset Management, Inventory Management, DD&A
- Procurement